Tesla’s Bitcoin shares add $600 million to its Q4 earnings
Following the implementation of new FASB accounting regulations that permit Bitcoin valuation at market prices, Tesla reported a $600 million profit in Q4 2024.
Thanks in part to its…
Texas Plans to Create State-Backed Bitcoin Reserve in 2025
Lieutenant Governor Dan Patrick has disclosed that Texas intends to establish a state-backed Bitcoin reserve as part of its 2025 legislative agenda.
This action positions Texas in the…
UK might sell $6.3 billion in Bitcoin to make up its budget
The United Kingdom is currently dealing with a $25 billion deficit, which contributed to the ongoing debate regarding the management of the largest Bitcoin seizure documented in its history.…
Hong Kong recognizes more than 30 crypto fraud platforms with the HashKey brand
HashKey contends that it has no connection with the suspicious URLs that were included in the SFC's list.
The Securities and Futures Commission (SFC) of Hong Kong discovered a total of 45…
Utah House committee approves crypto purchase measure
State governor Spencer Cox, who appears to be pro-crypto, must now ratify the measure by majority vote in Utah's House and Senate.
The Utah House committee has approved a bill that would…
Solana ETFs are revised by Cboe BZX on behalf of four issuers
Last year, the Securities and Exchange Commission rejected numerous refilings for Solana ETFs submitted by fund issuers on behalf of the Cboe BZX Exchange.
On behalf of four asset…
Metaplanet aims to raise $745M to increase Bitcoin holdings amid yen fall
Metaplanet advances with Asia's largest equity offering that emphasizes Bitcoin acquisitions.
According to a Jan. 28 statement, Metaplanet, a Japanese Bitcoin investment firm, intends to…
Bitfarms has sold a significant BTC mining site in Paraguay to Hive Digital for $85 million
In order to achieve a rate of 25 EH/s by the third quarter of 2025, Hive Digital Technologies has elected to acquire Bitfarms' 200 MW Yguazu mining facility in Paraguay.
In order to…
Grayscale Establishes Solana $SOL ETF with NYSE
According to sources at Grayscale, the conversion of the trust into a spot ETF will offer investors secure exposure to Solana.
The proposed ETF by Grayscale is the largest Solana…
MicroStrategy Acquires an Additional $1.1 Billion in Bitcoin During a Market Downturn
MicroStrategy, a software company, has increased its Bitcoin (BTC) reserves by procuring an additional 10,107 BTC today, in anticipation of its Monday decline.
Michael Saylor, the…
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